• BeatBread

  Participated · Equity · Feb 2022

  beatBread is a Los Angeles, CA–based music funding platform that provides flexible capital to artists, writers and independent labels. The company recently secured an additional $124M in credit and equity capital. It provides funding on existing catalog as well as new and unreleased music, offering growth capital across the music industry. beatBread has funded clients on six continents, with funding amounts ranging from $1,000 to over $10 million. Led by CEO Peter Sinclair, the company plans to deploy the capital to expand sales, marketing and product operations while continuing to originate artist financing. beatBread offers flexible advances to artists and labels in exchange for a limited share of existing catalog revenues, with options for advances against unreleased music. Advances range from $1,000 to $2 million and are repaid from a share of an artist’s streaming and airplay revenues over a period chosen by the artist. Advance agreements leave touring, publishing, synch, and merchandise revenue streams untouched and place no restrictions on how funds are used. Since launching in November 2020, the company has made more than 300 advances across multiple genres, six continents, and across a broad range of career stages. The company is led by CEO Peter Sinclair and has offices in Utah, Los Angeles, Miami, and New York. beatBread says it will use the new funds to grow and offer access to flexible capital to more artists.

No current team members are available.